WEEKLY: China's NPI prices extend uptrend on strong cost support

Source: Mysteel Mar 13, 2026 15:05

China's high-grade nickel pig iron (NPI) prices extended their upward trajectory this week, underpinned by strengthening cost support, according to Mysteel's latest survey.

On March 13, Mysteel assessed the price of high-grade NPI with 7-13% nickel content in East China's Jiangsu province at Yuan 1,110/mtu ($162/mtu) including delivery and tax, up Yuan 15/mtu from a week earlier. On the upstream side, raw material costs continued to climb. On March 13, Mysteel assessed the